Q1 2022 Awilco Drilling PLC Earnings Presentation Transcript

May 25, 2022

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May 25, 2022 / 11:00AM GMT
Presentation
May 25, 2022 / 11:00AM GMT

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Corporate Participants
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* Cathrine Haavind
Awilco Drilling PLC - IR Manager
* Eric D. Jacobs
Awilco Drilling PLC - Interim CEO
* Ian Wilson
Awilco Drilling PLC - CFO

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Operator

Good morning. Welcome to Awilco Drilling's first quarter presentation. I now hand you over to our CEO, Eric Jacobs.

Eric D. Jacobs - Awilco Drilling PLC - Interim CEO

Thank you very much, Stuart, and welcome to the first quarter presentation for 2022. Today, we're going to go through the agenda, which is the main events and the Q1 results, the dispute update and then a summary. And then we'll be opening up for questions and answers.

I'm taking over to the main events. So we've had no revenue earned in the first quarter. The EBITDA loss of USD 6.2 million and a net loss of USD 6.6 million. And the WilHunter we sold -- or sold for environmentally responsible recycling in Turkey, and we expect that

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